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Stepping back: 6 ways to break the micromanagement habit

MicromanagingIn today’s competitive business environment, managers can get so caught up with getting results that they try to keep a hand in every aspect of daily operations. And while they may think this “I can do it better myself” approach is the most effective way to make sure that things get done, the reality is that micromanaging employees not only hinders productivity, it hurts morale. And unfortunately, it’s a very hard habit to break.

If you’ve come to realize that excessive meddling is an unfortunate part of your management style, and you’re ready to step back and give your employees room to grow and succeed, here are 6 things you can do to break the micromanagement habit once and for all.

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Dial up the discipline when markets are down

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It’s inevitable: what goes up must come down. But how do you keep investors from panicking when markets head south? Turns out a little discipline in your communication strategy can go a long way during times of market frenzy, according to our source.

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Paying more attention to your business’ most valuable asset: your customers

Why Your Business Should Have a Blog

As a financial planner, you have so many tasks to do. You’re keeping track of your clients’ investments, meeting with clients, doing administrative work, and perhaps managing staff. Then there is marketing, networking and always being on the lookout for additional clients. So it’s easy to get distracted. While you put out fires, you wonder what you could be doing to be more efficient. Let me propose that you get back to basics. Take a look at refocusing on your clients and a lot of other work will take care of itself.

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Can transparency attract investors to you?

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Under Phase 3 of CRM2 requirements, clear disclosure of fees and performance are mandatory. But transparency positioning can also help financial advisors attract and retain clients. Can you ramp up your communications practices to be more attractive to investors?

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How Happy Employees Can Lead to a Happy Company [infographic]

happy employees lead to happy company

It is human nature that if we are happy in what we do, we are much more likely to do it well. This especially applies to the workplace; if we enjoy our jobs and genuinely want to come into work every morning, it is almost certain that the quality of work we produce will be very high, which can only be good news for the company. By contrast, unhappy workplaces destroy employee morale, leading to demotivated staff who may find it hard to give their all to the company, which in turn could struggle to live with its competitors.

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